Knick Ticket Prices to increase dramatically next season

You can read the facts here.  The Knicks finished the regular season at 42-40, lose in the first round of the playoffs and then raise the ticket prices.  The article only talks about season tickets, but I assume the prices for single game tickets will go up as well.  Thus, I would have to pay about $200 for 3 tickets for the 300 level behind the basket.  Back in high school I would only have to pay $1.25 for a game at the old Madison Square Garden.  I guess the fans have to pay for the $800 million renovation of the garden and the salaries of the superstars.